Public Liability For Small Business
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Public Liability
... service team is on hand and on a mission to make you smile! Frequently Asked Questions on Public Liability Insurance Small business owners on average in the 2018/19 Financial Year paid around $63.53 per month^ for ...
read moreHow much does Public Liability Insurance Cost?
... the insurance provider you choose. We have put together a snapshot of how much Public Liability insurance can cost for a small business, by analysing data from policies sold by BizCover during the 2018/19 financial year ...
read morePublic Liability Insurance In Rockhampton
... activities. It's clear that the legal costs of a public liability claim could pose a financial burden to a small business. Public liability Insurance gives you peace of mind by picking up the reasonable legal and ...
read morePublic Liability Insurance In Port Macquarie
... activities. It's clear that the legal costs of a public liability claim could pose a financial burden to a small business. Public liability Insurance gives you peace of mind by picking up the reasonable legal and ...
read morePublic Liability Insurance In Perth
... P ublic L iability insurance cost for Perth businesses? On average, small businesses in Perth pay $33.80 **per month for a Public Liability insurance policy. Public Liability insurance is one of the most popular types ...
read morePublic Liability Insurance In Mandurah
... P ublic L iability insurance cost for Mandurah businesses? On average, small businesses in Mandurah pay $28 **per month for a Public Liability insurance policy. Public Liability insurance is one of the most popular types ...
read morePublic Liability Insurance In Hobart
... activities. It's clear that the legal costs of a public liability claim could pose a financial burden to a small business. Public liability Insurance gives you peace of mind by picking up the reasonable legal and ...
read morePublic Liability Insurance In Darwin
... activities. It's clear that the legal costs of a public liability claim could pose a financial burden to a small business. Public liability Insurance gives you peace of mind by picking up the reasonable legal and ...
read morePublic Liability Insurance In Brisbane
... activities. It's clear that the legal costs of a public liability claim could pose a financial burden to a small business. Public liability Insurance gives you peace of mind by picking up the reasonable legal and ...
read morePublic Liability Insurance Explained
... or damaging something during the course of their operations. Chances are like many other small businesses, if you were faced with a public liability claim , the financial impact of pay ing the cla im and associated legal ...
read moreWhat does Public Liability Insurance cover?
... clients, suppliers or members of the public. As a small business owner, we understand that you like ... pocket . Bear in mind that Public Liability insurance is designed for all types of businesses, not just those who work ...
read moreHow much Public Liability insurance do I need?
... cover you should have, but the amount of Public Liability cover you cho o se is ultimately up to you . Many business contracts will include a minimum amount of Public Liability insurance to be in place - stipulating the ...
read moreWhat is Product Liability Insurance?
... * protects your businesses against claims by third parties relating to property damage or personal injury caused by your products. Product Liability insurance usually forms part of a Public Liability policy and the ...
read more5 Questions to ask yourself before buying Insurance for your Small Business
... a summary of the key areas of cover available to businesses. Public Liability insurance Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a member ...
read moreThe Risks of Growing Your Small Business
... thing. Seek out solid and trustworthy referrals from other business owners and be sure to do your own reference checks ... You Do? Insure your legal liability! Public Liability (or 'PL') covers claims against personal injury ...
read morePublic Liability Insurance In Brisbane
... of covers to suit your needs Compare quotes from our trusted insurance partners: Small Business (Public Liability) Insurance in Brisbane If you're a small business owner in Brisbane or Queensland, and you are looking for ...
read morePublic Liability Insurance QLD
... or annually Compare quotes from our trusted insurance partners: Here's the lowdown on QLD public liability insurance* As a small business owner in Queensland you already have a lot to worry about. From paying your ...
read morePublic Liability Insurance NSW
... or annually Compare quotes from our trusted insurance partners: What you need to know about Public Liability insurance* in NSW As a small business owner in New South Wales you already have a lot on your plate. There's ...
read morePublic Liability Insurance Scenario
... against accidents is a relatively simple process. Purchasing public liability insurance online, where quotes are instant and transparent, is a prudent choice for small business and one that can provide instant peace-of ...
read more7 Types of Insurance Your Small Business Should Consider
... dollars), and could be enough to put a small business out of business! Related: Public Liability Insurance explained. Professional Indemnity Insurance If your business or profession involves providing a service or advice ...
read moreA quick guide to understanding small business insurance
... e.g., Public Liability or Glass cover. To become a member of certain professional memberships you may need a certain level of Professional Indemnity insurance in place to join Why does my small business need business ...
read moreWhat are some types of insurance available for small businesses?
... of Insurance Your Small Business Should Consider Public Liability insurance* A fundamental type of insurance that most businesses (even home-based businesses) can consider is Public Liability insurance. Running your ...
read moreHelp Protect your small business' reputation
... , and it can take just one small mistake to destroy your business in minutes. As Warren Buffet famously said ... Liability insurance can also offer a Public Relations component which will assist with protecting your business' ...
read moreSmall Business Index July 2015
... the biggest drop in prices since the index started of 38% lower than the base value only 3 years ago. Public Liability /Business Packs have not enjoyed as much of a drop in prices, falling only 20 points since FY 2012/13 ...
read moreCyber Liability Insurance: the safety net small businesses need
... systems are vulnerable to breaches. By implementing a few basic preventative measures and robust Cyber Liability insurance , small business' are ensuring they are able to survive cyber-attacks, now and in the future ...
read moreRisky behaviour: the things keeping small business owners up at night
... , such as Hospitality, Manufacturing and Trade, lead the way. But the fact a third of small businesses don't have Public Liability insurance is still concerning. Also concerning is the fact that, while more than half (53 ...
read moreSmall Business Insurance: Why you might want to ensure you’re covered!
... when a business is setting up and establishing itself. If you rent your premises, public liability may ... insurance may be required Many small businesses think their business is too small to attract cyber criminals yet in ...
read moreSmall Business Insurance Index
... their Public Liability insurance. SME Professionals have been seeing increases in their Public Liability insurance ... “SMEs face significant pressure when it comes to business related costs, and in a time where most other ...
read moreWhy do some small businesses fail?
... a small factory, there is a variety of different types of cover that can help safeguard your hard-earned business. Some of the typical types of business insurance option you may like to consider include: Public Liability ...
read moreA small business owners guide to staying motivated
... in your mind. Worrying about your business is a common issue for many small business owners and can fast become a ... basics like Public Liability and Professional Indemnity to Business Insurance , Cyber Liability and more.* ...
read moreThe Art of Being a Creative Small Business
... a small business : ... business insurance as a creative professional include i f you are an artist out and about, protecting your portable equipment and tools, for others it may be a requirement to hold Public Liability ...
read moreTriumph after Tragedy for QLD Fitness Trainer Latest Winner of Bizcover.com.au $60,000 'Small Business Buddy Program'
... service and is changing the way micro, small and medium sized businesses buy Professional Indemnity, Public Liability, Business Insurance, Management Liability and now Cyber Insurance. BizCover provides multiple ...
read moreDoggone Great! Local QLD Business Selected in the $60,000 'Small Business Buddy Program'
... service and is changing the way micro, small and medium sized businesses buy Professional Indemnity , Public Liability , Business Insurance, Management Liability and now Cyber Insurance. BizCover provides multiple ...
read moreThings you didn’t know about small business insurance
... insurance policy might not cover all the liabilities related to your business. As an example most home and ... lower premium. To put this in perspective, a public liability policy for an SME working from home generally ...
read moreHow to hire quality tradesmen for your small business with Oneflare
... Public Liability Insurance This is the most common and essential form of insurance for tradespeople . It covers the business ... the eye. Get the right price As a small-to-medium business owner, you may have a very specific ...
read moreSmall Business Insurance Price Index Q3
... last quarter. The latest Quarterly BizCover Small Business Insurance Price Index has shown insurance rates ... non professional sector, primarily around Public Liability and Business Packs (predominately covering perils and ...
read moreSmall Business Insurance Index Q2: 5 point increase, largest in 10 quarters
The Quarterly BizCover Small Business Insurance Index has shown that Australian SME's may have enjoyed the ... in the non professional sector with Public Liability and Business Packs (predominately covering perils and theft ...
read moreCommon Small Business Insurance Claims and How to Prevent them.
... of spills, falls, theft and power surges. One Small Business recently had to make a claim to replace their ... broken freezer, investing in a backup generator. 5. Liability Claims Another common claim seen all too often is ...
read moreNSW small business stamp duty exemption
... apply to? Professional Indemnity insurance Product and Public Liability insurance How do I get the exemption? The NSW Government requires eligible small businesses to complete an exemption form declaring that they ...
read moreTips and tricks to boost your small business insurance confidence
... small business owner , some which will involve a level of risk. One of the biggest risks your business may face is not having adequate business ... business insurance sorted Whether you are looking for a new Public Liability ...
read moreThe difference between Public Liability and Professional Indemnity insurance
... costs and expert fees). Do I need Public Liability insurance? These are some examples of when a small business needs to consider protecting their business with Public Liability insurance. Occupations such as Consultants ...
read morePublic Liability Insurance for Cabinet Makers
... not be responsible for. Your Public Liability insurance covers your reasonable legal costs, even if you are not found negligent. At BizCover we care about helping Australia's small businesses get protection. We deliver ...
read moreWhat Tradies Need to Know About Public Liability Insurance
... a massive impact on your tradie business and it is something no small business owner wants to be faced ... is a common request for some tradie businesses to have their own Public Liability insurance sorted. If you are unsure ...
read more5 Tips for getting the best Public Liability insurance for your business
If you're a sole trader or small business owner, there's no doubt you're aware of the importance of protecting your business and your customers with Public Liability insurance . It offers protection should a customer, ...
read moreDo I need Public Liability insurance?
... and protect your back pocket with Public Liability Insurance for your small business. Why Do I Need Public Liability insurance? Public Liability insurance may be essential for small businesses depending on the occupation ...
read morePublic Liability Insurance VIC PPC
... 's included & what's not? Get the right cover FAQ's Here's the lowdown on Public Liability insurance* As a small business owner you already have lots to worry about. From paying your employees to getting stock delivered ...
read morePublic Liability Insurance NSW
... or annually Compare quotes from our trusted insurance partners: Here's the lowdown on NSW public liability insurance* As a small business owner in New South Wales you already have a lot to worry about. From paying ...
read morePublic Liability Insurance In Adelaide
... activities. It's clear that the legal costs of a public liability claim could pose a financial burden to a small business. Public liability Insurance gives you peace of mind by picking up the reasonable legal and ...
read morePublic Liability Insurance QLD
... or annually Compare quotes from our trusted insurance partners: Here's the lowdown on QLD public liability insurance* As a small business owner in Queensland you already have a lot to worry about. From paying your ...
read morePublic Liability Insurance WA
... or annually Compare quotes from our trusted insurance partners: Here's the lowdown on WA public liability insurance* As a small business owner in Western Australia you already have a lot on your plate. From paying your ...
read moreLegal Requirement for Public Liability Insurance
... is advisable to have public liability insurance. Legal Requirement for Public Liability Insurance Although public liability insurance is not a statutory requirement, most small to medium sized businesses do take out this ...
read moreHow to survive the silly season: a guide for small businesses
... you invite any external guests, make sure you have an active Public Liability insurance in place. Public Liability insurance is designed to protect your business from any risks which may arise from claims by a third ...
read more5 Things to Consider When Buying Public Liability Insurance
... when arranging appropriate cover for your business? Not all Public Liability policies are the same and along ... know more? At BizCover we've been helping small businesses with their insurances for over a decade. Whether ...
read moreFacing challenges head-on: small business toughen up in 2022
... people. A chance to take a look at what really matters - and we are seeing a new way of small business owners emerge with a clear vision and purpose. The survey responses indicate a remarkable number of people who took a ...
read moreBizCover announces latest round of BizGiver small business grant
... for their wishes to be granted. So far, BizGiver has given away over $80,000 in grants. To enter the competition, small business owners will need to say in 200 words or less what item or service would help take their ...
read moreWhat really matters to small business owners in 2022
... for living everyday life - including sleeping, exercising and spending time with those who matter at home. One small business owner shed some light on what many around Australia faced. “I worked more than 80 hours a week ...
read moreCyber Security For Small Business
... Data Breaches Scheme? What to do in the event of a cyber attack or data breach What is Cyber Liability Insurance and why do small businesses need it? Did you Know? The average cost of a cyber attack for an Australian ...
read more8 Small Business Start-up Ideas for 2021
... resources available to guide you onto the right track of your start-up adventure. Top 8 small business start-up business ideas 1. Virtual Assistant The need for virtual assistants has boomed in recent times, especially ...
read moreLife after lockdown – How to re-open your small business
... COVID-19 related scam s and over $700 , 000 in losses since the outbreak of the virus. Small businesses are not immune from cyber-crime and Cyber Liability insurance ca n be a wise choice when it comes to protecting your ...
read moreThe Other Virus – Making Your Small Business Cybersafe When Working From Home
... operating remotely , now is an important time to consider protecting your business with Cyber Liability insurance . The current climate for small businesses is already disrupted enough, how could it cope with the stress ...
read moreStay Smart Online Week: Q&A with experts on Small Business Cyber Risks
... -security-guide.pdf https://www.cpomagazine.com/cyber-security/new-data-breach-trends-small-business-identity-records-now-target-1-for-hackers/ Ibid. Ibid. https://www.smartcompany.com.au/finance/fraud/cyber-crime-stay ...
read moreThe Business of Love: Small Business Couples Tell All – Part 1
... other in whatever we need to do in life. My husband believed in my business idea and now he is a director . Thinking of tying the small business knot with your partner? Not only does BizCover offer a range of competitive ...
read moreMinding Your Own Business: A Guide to Mindfulness for Small Business Owners
... of mindfulness, making it easier to incorporate as part of your daily routine. Inside the minds of small business owners S mall business owners are known to put their health on the back burner and not mak e it a top ...
read moreShredding the Habit: Small Business Owners Share the Bad Habits they Would Be Happy to See in Pieces
... and creative content expert, Sarina Singh has a bad habit she'd like to kick. It's one that many small business owners struggle with…dealing with the S word. That's “superannuation” for those who m ight have let their ...
read moreThe State of Small Business
... decided to go off the field and take a look at some of the issues our New South Wales and Queenslander small business es are currently fac ing . F ind out who's kicking goals when it comes to levels of confidence , the ...
read moreSmall Business Movies to Inspire When in Self-isolation
... The Corner, and Joe (Tom Hanks) wealthy owner of rival chain store Fox Books. Take-aways from the tale? Running a small business can be tough, and it's important to be able to adapt and have a plan B when things don't ...
read moreThe Business of Love: Small Business Couples Tell All – Part 2
... part two of our Valentines Day special, chatting to couples who spill the beans of what running a small business together is really like . From learning to give each other space to learning each other's hidden talents ...
read more10 small businesses share what they love about their small business
... with his with customers, handle his finances and find more efficient ways of getting the job done. Are you a small business looking to share the love? Contact us at [email protected] with what you love about your ...
read moreMobile Food Truck Business wins a new sparkling make-over with the latest BizGiver Small Business Grant.
... to $2000 value. Started in 2015, the grant was started as a way to give back to the Small Business community. “We're constantly blown away by the dedication, sacrifice and commitment these unsung heroes' put into their ...
read moreA $2,000 Wish for Your Small Business
... winner will be determined by public voting via the BizCover Facebook page. You can enter as many times as you desire, providing your meet the entry criteria outlined below. You must be a small business - this means 20 ...
read moreSmall Business Resolutions for 2017
... new year to grow our new venture” “Start putting money in to my business and make my products look more professional.” 3. Cost cutting “My small business resolution; set new goals and trim the fat.” “My resolution is to ...
read moreIs your Small Business Summer Proof?
... to enjoy, including plenty of public holidays, long days and great weather. But along with these great perks, summer comes with its own unique set of challenges and risks every small business should be aware of. Complete ...
read more5 Money Saving tips for Small Business
... to ensure your website stays up to date and relevant. 5. Shop Around for your Financial Services As a small business, you need to ensure that your finances are in good order, and that means having the right financial ...
read more5 Legal Essentials for your Small Business
... in the community and growing small businesses. You may be just starting out as a small business owner , or are ... ACL); Dispute resolution procedures; and Limitations of liability and disclaimers. If you provide services to ...
read moreSmall Business Continues to Win on Insurance Prices!
... been able to move prices and they have remain flat over the quarter (Graph 1). A win for small businesses! Prices across all insurance classes were stable across the quarter, and this was reflected across most industries ...
read moreLifestyle Tradie Group trades up; next Small Business Buddy Winner
... 12, 2015: Angela and Andy Smith from “Lifestyle Tradie Group” are the latest winners of BizCover's Small Business Buddy Wishes, with a brand new server system for their Coaching Organisation. The Lifestyle Tradie Group ...
read moreChilders Local wins the latest Small Business Buddy Grant
... ever have.” Her career is about to get even more life-changing, as Hannah has been granted her “Small Business Buddy” wish of an online professional accreditation course in pet grooming. When asked about why she entered ...
read moreSmall Business Champions
... Champions Awards. We are passionate about small business and our mission is to drive down the cost of business insurance for all Australian small businesses.BizCover's Small Business Buddy program is available to all ...
read more5 Ways Digital Marketing Can Help Your Small Business During COVID
... support If you need more assistance with digital marketing strategies and growing your business online, contact Australian Small Business Advisory Services (ASBAS) . The ASBAS Digital Solutions team can provide help with ...
read moreManaging the work-life balance see-saw: Secret tips for small business owners.
... a look at some of the ways you can avoid running the risk of a burnout, while still managing a successful small business. 1. Get that body moving Time is precious, and as much as we may have all the good intentions to go ...
read more10 Tools Every Small Business Should Gift Themselves This Christmas
... to constantly print out forms, sign them and then scan them again? HelloSign is an eSignature software for Small Businesses. The best part about HelloSign is that you can request signatures from up to 20 people, so when ...
read morePure Flowers is Pure Class Online Thanks to BizCover Small Business Grant
... on over to our Facebook Page (or our entry page here for those without Facebook) and let us know your Small Business wish for your chance to win. Entries simply have to be invoiceable to be eligible. Pure Flowers Offer T ...
read moreLatest Small Business Buddy Winner: Evermore Memories
... the $2000 monthly grant as a way to give back the small business community. “I have a relatively small budget ,” Mr Lyons explains “and as far as I know no other business is doing what we're doing. It means a great deal ...
read morePreparing your small business for a Tax Audit
... tax office are going to want to see supporting documents to substantiate everything that you have put in your returns. Small businesses are required to keep all their records for a period of up to 5 years, so if you don ...
read moreA 6-Step guide to starting a small business in Australia
... and if anything needs tweaking before your open your doors to the public. 6. Get business insurance After putting in all this effort to start your own small business, you need to look at taking the right steps to ensure ...
read moreHow to make your small business more sustainable
... insurers you get your policy sorted in no time. Find out more about how we can help your small business today. *This information is general only and does not take into account your objectives, financial situation or ...
read moreThe bravery beneath the surface in Australia's small businesses
... so they could still train without it negatively impacting their finances, I worked with other fitness professionals and small businesses to support each other and our clients in this time. I’m doing my best, and I think ...
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... is a big step, full of decisions, solid planning and a good dose of motivation . The unfortunate reality is a lot of small businesses don't make it and that's why we're here to shed light on some of the risks and dangers ...
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... tax breaks will be a deciding factor, and we'll see that proportion grow further. And for those small businesses who supply digital services or external training, there's even more potential upside - with a further boost ...
read moreA step-by-step guide to creating a marketing strategy for your small business
... your goals SMART Once you have an idea of the type of goals that you want to set for your business, the next step is to make them SMART. Specific- outline your goals clearly and as specifically as possible Measurable- to ...
read moreBusiness Insurance Melbourne
... fits all when it comes to business insurance for Victorian small businesses, however these are some of ... even if this is at your home-based business. Public Liability insurance can provide peace of mind and protection ...
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... paid and there are no HR liabilities Understanding how the business functions, including key employees and their role Need legal help? If you're buying or starting a small business, you may want to consider getting ...
read moreSBAA
... usual hassles. Protect Yourself with BizCover Click, compare and cover your business now*. Be sure to consider: Public Liability Cover - Protects you and your business in the event a customer, supplier or a member of the ...
read moreDebunking insurance myths – understanding common insurance misconceptions
... business' finances and reputation. This is something that Public Liability insurance* can provide protection for. Public Liability ... ” Making a claim is something that no small business owner wants to be faced with, and the ...
read more5 Reasons to consider Cyber Liability insurance for your company
... business. Cyber Liability insurance can help protect your small business ... Liability or Public Liability insurance policies, but that doesn’t guarantee that you are covered against a cyber-attack. Some business liability ...
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... view the loss of job keeper as a challenge. Other smaller issues that SMEs see as restrictions to their performance include more competition, their inability to change their business and adapt as well as a lack of a good ...
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... remote nutritionist s , we've asked a mix of small business owners to spill the beans on what creative activities and ... in the power of positivity. “ Many people find public praise for a job well done a great motivator. ...
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Business Administrative Service -
Very easy to navigate. Great for small business owners looking for clear concise quick service.
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Public Liability insurance
Public Liability insurance is one of the most common types of business insurances that a variety of different small businesses choose to take out. It is there to provide protection if someone makes a claim against the insured, the business or its employees. Claims from a third-party can be for personal injury or damage caused to their property caused by your business activities.
Here’s the lowdown on Public Liability insurance*
As a small business owner you already have lots to worry about. From paying your employees to getting stock delivered on time to generating new work opportunities – the list is endless! But have you taken the time to think about what an accident involving a third party could mean for your business?
As a small business owner, you have a legal responsibility to take reasonable steps for the safety of your customers, suppliers, community and their property. Public Liability Insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public are injured or sustain property damage as a result of your negligent business activities.
Public Liability Insurance also provides assistance with the legal costs associated with managing claims that are covered by the policy.
What kind of businesses need Public Liability insurance?
In a nutshell, if your business is interacting with any third parties like customers, suppliers and members of the public on a regular basis, then you may need to consider Public Liability insurance. The chance of Public Liability insurance claim can be hard to predict, but if it were to occur, the costs to your business could be extremely costly and potentially enough to send you out of business.
An example of some of the typical types of businesses that may take a Public Liability insurance policy include:
- Trades
- Professionals
- Wholesalers
- Manufacturers
- Travel and tourism
- Office based
What is typically included?**
Compensation for:
- Compensation costs for the personal injury suffered by a third party (e.g. a customer, supplier or member of the public)
- Compensation for damage to property owned by a third party due to your negligent business activities
- The legal and defence costs associated with a covered claim
- Compensation for damage of third-party goods not owned by you which are in your care, custody or control
What is typically not covered?*
- Injuries to your employees
- Damage to your own property
- Costs of rectifying faulty workmanship or product recall
- Professional negligence
- Contractual liability
- Events occurring before or after the policy period
- Aircraft products
- Asbestos
- Liquidated damages
- Gradual pollution
- Punitive damages- where the insured acted so badly that extra damages were awarded
- Liabilities assumed under contract which the insured would not be liable for at common law
Get the right cover
Your Cover Options
With BizCover you can choose from 3 limits of liability (levels of cover): $5million, $10 million or $20 million.
Policies are tailored to the unique needs of individual businesses. One business may require a different amount of cover compared to another.
When deciding on how much cover you should have a think about factors like:
- Do any of your contracts require a minimum level of public liability cover?
- Has your industry body set a minimum level of public liability cover for membership?
- Does your business or trade licence require a minimum amount of public liability cover?
- What kind of accidents could occur due to your business operations and what could be the potential cost of a claim?
Why choose BizCover for your Public Liability insurance?
Built for small business
We know insurance and what makes small businesses tick
Clear and competitive pricing
You can compare and choose from a range of highly competitive prices right there on your screen. Seriously.
Cover to match your needs
You can tailor policies from selected Australian insurers to suit the needs of your business, and we are there to help!
Real people adding real value
Our friendly service team is on hand and on a mission to make you smile!
Frequently Asked Questions on Public Liability Insurance
Small business owners on average in the 2018/19 Financial Year paid around $63.53 per month^ for Public Liability insurance through BizCover. Public Liability Insurance is one of the most common types of insurance for businesses.
When it comes to the pricing of Public Liability insurance, there isn’t a one price fits all. There are a variety of industries and occupations, each with different risk factors that can impact the pricing greatly. Some of these key factors include:
- The type and nature of your business
- Your business turnover and size
- The amount of insurance cover your business needs
Additional factors that determine the cost of your Public Liability insurance policy include:
- The location of your business
- What is included and excluded in your policy
- The insurance provider you choose
The most accurate way to find out the cost for your business is to simply get an instant online quote.
| *We know, sometimes you just want a quick idea of how much your insurance is actually going to cost. However, it’s important to note that the data included within this article was sourced from BizCover’s Australia wide customer data for all “pay by the month” public liability policies purchased through BizCover during 2018/19 Financial Year and is intended as a guide only. It may not reflect pricing for your particular business as individual underwriting criteria will apply. Get a hassle-free quote for your business here. |
Public Liability insurance is designed to provide protection* for you and your business in the event a customer, supplier or a member of the public are injured or sustain property damage as a result of your negligent business activities.
While it is not a legal requirement in Australia for most businesses, there are some situations where it may be mandatory for you to have you an active Public Liability policy before you can operate. For example, it may be a contractual requirement to have before you are allowed “on site”.
No matter how much care you may take, if your business interacts with clients, suppliers or members of the public, there is always the potential for a claim to occur.
You may need to consider Public Liability cover if any of the following apply to your business:
- You have customers, suppliers or members of the public who visit your business premises, e.g. diners who visit your cafe, or clients who visit your office, whether in a commercial building or home-based office
- You manufacture and/or sell any kind of products, e.g. food, beauty products, furniture, clothing or household items
- Working at your client’s site, e.g. a tradesperson carrying out repairs or work in other people’s homes
- If your business hosts or participates in public events, like a stand at a tradeshow attended by members of the general public
One of the first things to consider when calculating which level of Public Liability insurance your business may need is to think about the risks your business faces and any industry or contractual requirements involved.
While it would be nice to be told the exact amount of cover you should have, the decision is ultimately up to you.
If you work with contracts, these commonly stipulate the minimum amount of Public Liability cover your business must hold to comply with the contract. Professional bodies and industry associations may also require members to maintain a minimum amount of Public Liability insurance to become a member or to meet licensing requirements.
Take the time to consider the amount of work that you perform and the appropriate amount of financial protection you would need in the event a Public Liability claim is made against you.
With BizCover there are three levels of cover (limits of liability) available to select: $5 million, $10 million or $20 million.
The appeal of having the freedom to be your own boss is why so many Australians operate as a sole trader, but it is not one that comes without its own risks. Unlike working for a company, the reality is when things go wrong and a claim is made, you could be held responsible and it’s your back pocket that could be left financially destroyed.
An unplanned event could not only put your personal finances in havoc, but you could end up shutting up shop for good. Fortunately, with the right insurance in place, not only will you have a solid financial safeguard in place, but protection for your hard-earned reputation too.
Public Liability insurance is a popular type of insurance amongst sole traders. As a small business owner you have a legal responsibility to take the right steps to create a safe environment for third-parties when they interact with your business.
Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public become injured or sustain property damage as a result of your negligent business activities.
The short answer? No. Each type of insurance provides specific cover for very different kinds of business risks.
Business insurance* is an insurance package designed to provide cover for your business contents, stock, tools and commercial premises when an insured event occurs (such as fire, storm, theft or even accidental damage). A Business insurance package can also cover your portable equipment, glass and for loss of revenue due to business interruption in specified circumstances. It also offers the option of selecting public liability cover but that is not automatically included.
Public Liability* insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public are injured or sustain property damage as a result of your negligent business .
If your business manufacturers or sells products you may also need to consider Product Liability insurance. Product Liability insurance* protects your businesses against claims by third parties relating to property damage or personal injury caused by your products. It typically forms part of a Public Liability policy.
Public Liability insurance can be purchased as a stand alone product or as part of a Business insurance package.
One of the first steps you need to take in lodging a claim (or to report a circumstance which may lead to a claim) is to complete a claim form – please click here to download.
To assist with the processing of your claim and to avoid delays, please attach all the supporting documents you have, which may include original invoices, receipts, manuals, pictures, reports and replacement quotes.
Once you have completed the form, email it to: [email protected] and we’ll manage the process directly with the insurer.
Public Liability and Professional Indemnity insurance both offer different types of cover, for different kinds of risks your business may be exposed to.
Public Liability insurance is designed to provide coverage for legal fees and compensation costs if a customer, member of the public, or a supplier claims against you for injury or damage to their property as a result of your alleged negligent business activity*.
This differs from the type of coverage Professional Indemnity insurance* provides. Professional Indemnity insurance focuses on protecting you against losses claimed by a third party due to alleged or actual negligence or errors in your professional services or advice. Professional Indemnity insurance will meet the associated compensation payable to a third party together with your defence costs (which can include legal costs, investigator costs and expert fees).
If your business requires having clients visit your premises, or you going to visit them, providing your advice and services, then Public Liability and Professional Indemnity insurance may be two important forms of coverage your business needs to consider.